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3 years ago

The open-economy macroeconomic model takes

Business

1 answer:

bekas [8.4K]3 years ago

8 0

Answer:

The correct answer is option b.

Explanation:

The open-economy macroeconomic model is used to determine the trade balance and exchange rate. This model assumes both GDP as well as the price to be given.

The exchange rate is determined through the demand and supply of loanable funds. The supply of loanable funds in an open economy comes from national savings. The demand for loanable funds comes from domestic investment and capital outflow.

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Social Media, Inc. (SMI) has two services for users. Toot!, which connects tutors with students who are looking for tutoring ser

Sedbober [7]

Answer:

1. Predetermined overhead rate of admin costs - $ 27 per user.

2. Profit for TOOT Service - $ 808,725

Profit for TIX Service - $ 165,800

Explanation:

Computation of predetermined overhead rate

Product TOOT 7,700 users

Product TIX 15,600 users

Total users 23,300 users

Predetermined overhead rate per user $ 629,100 / 23,300 = $ 27 per user

Allocation of Admin costs - TOOT - 7,700/ 23.300 * $ 629,100 = $ 207,900

Allocation of Admin costs - TIX - 15,600/ 23,300 * $ 629,100 = $ 421,200

2. Computation of profit per service

TOOT TIX

$ $

Revenues 1,350,000 1.040.000

Less: Engineering costs ( 333,375 ) ( 453,000 )

Less: Allocation Admin costs ( 207,900 ) ( 421,200)

Profit 808,725 165,800

5 0

4 years ago

What is the difference between compound and regular interest?

Andreyy89

will calculated by multiplying the principal amount by one plus the annual interest rate raised to the number of compound periods minus one As opposed to simple interest and Interest is the cost of borrowing money and Conversely compound interest
hope this helps

6 0

4 years ago

Canada and the U.S. both produce wheat and computer software. Canada is said to have the comparative advantage in producing whea

timurjin [86]

Answer:

The correct answer is d. Canada requires fewer resources than the U.S. to produce a bushel of wheat.

Explanation:

A country (in this case Canada) has a comparative advantage over another country (in this case the United States) to produce a certain product (in this case wheat) if the production costs of that product (wheat) are less than from the other country, regardless of the opportunity cost of producing that other product in that country.

The comparative advantage is based on the fact that the country has developed greater efficiency in the use of resources or that it has greater ease of access to them due to better conditions of nature, greater technological development in the field in question, human capital more specialized in that economic field, etc.

The opportunity cost of producing a product or another in the same country does not affect a deterioration or increase of the comparative advantage developed to produce such a product.

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4 years ago

Which consideration is of least importance in an individual’s basic wealth protection?

Levart [38]

income tax reduction. hope it helps

5 0

4 years ago

Read 2 more answers

Now Inc. released its annual results and financial statement. Grace is reading the summary in the business pages of today's pape

icang [17]

Answer:

Option (c) is correct.

Explanation:

Given that,

Retained earnings in the last year = $459 million

Net income in this year = $152 million

Retained earnings in this year = $540 million

Dividends paid this year:

= (Retained earnings in the last year + Net income in this year) - Retained earnings in this year

= ($459 million + $152 million) - $540 million

= $71 million

Therefore, the company paid out $71 million in dividends this year.

5 0

4 years ago